Economics: Principles and Tools

By emphasizing an active learning approach and focusing on the big picture— the framework of economic reasoning — this book emphasizes the key principles and ideas of economics. The book teaches readers how to think like economists by showing them how to use economic concepts in their everyday lives and careers. The book uses key concepts repeatedly, illustrating them with compelling real-world examples, and giving lots of practice doing their own economic analysis, it presents material in a way that is understandable for the average reader, and is thus ideal for those needing a solid foundation for more advanced courses in economics.